How can I invest in the Quantum Gold Fund (QGF)? What is the minimum application amount in QGF for subscription of units?
The New Fund Offer (NFO) of the scheme would be open from January 24, 2008 to February 8, 2008. During this period, any investor can subscribe to the scheme with a minimum investment of Rs. 5,000 and further multiples of Rs. 1,000. Subsequent to the NFO, the ETF is proposed to be listed on the National Stock Exchange (NSE). Investors can then buy / sell the QGF units on the Exchange, through any broker-member. When trading on the exchange, investors can take advantage of the low unit size of the QGF and buy in units representing approximately ½ grams. (As low as around Rs.
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